OVERVIEW
According to Market Research Future, the market for Foley catheters will grow at a CAGR of 7.80% and reach USD 6.87 billion by 2030. (MRFR). (2022-2030). As the prevalence of urologic diseases rises, sales of Foley catheters are anticipated to climb. A little water-filled balloon known as a Foley catheter is used to guide a flexible urine drainage tube into the bladder. Applications and technology are always evolving. These are typically given to those who have bladder issues like incontinence or pee retention.
Segmental analysis
The material, type, and end-user categories have been used to categories in this Foley catheters market report.
The silicone, latex, hydrophilic polymer coated latex, silicone elastomer coated latex, polytetrafluoroethylene PTFE (Teflon) coated latex, and others are the material categories under which the global market for Foley catheters has been divided.
The 3-way catheter, 2-way catheter, 4-way catheter, and other segments make up the global market for Foley catheters by method of kind.
The global market for Foley catheters has been divided into hospitals, medical research facilities, and outpatient surgical centres based on the end users.
MARKET SEGMENTATION
BY Application
urinary incontinence,
benign prostatic hyperplasia
general surgery Achondrogenesis type IB (Parenti-Fraccaro type)
.
BY product
indwelling catheters
external catheters
intermittent cathetersX-ray
ultrasound
Others
BY REGION
North America
Europe
Asia Pacific
Middle East & Africa
South America
The global Foley catheters market research shows industry growth thanks to an increase in urological issues, new product development, hospitalization, broad adoption of Foley catheters, new product releases, and increased demand from emerging nations. To enhance the present design and application of such catheters, major market participants are substantially spending in R&D and innovative product development. These factors have a big impact on how fast the market is growing. Catheters are always evolving technologically. In the healthcare sector, the range of applications is growing as technology develops during the assessment time.
GLOBAL Foley Catheters Market SHARE, BY REGION
Europe: XX%.
North America: 39.02%
Asia-Pacific: XX%
Rest of the World (RoW): XX%
FACTORS STUDIED FOR MARKET FORECAST
Drivers:
The high prevalence of issues related to urinary incontinence is a feature that will lead the way to create maximum demand for the foley catheters market
Restraints:
The process is painful
KEY COMPANIES PROFILED
B.Braun Melsungen AG (Germany)
Cardinal Health (US)
Coloplast Ltd. (Denmark)
Boston Scientific Corporation (US)
ConvaTec Inc. (UK)
Becton
Dickinson and Company (US)
Others
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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Foley Catheters Market OverviewA foley catheter is commonly known as a flexible urinary drainage tube that passes through the urethra and subsequently into the bladder with the aid of a tiny water-inflated balloon.
The rising incidence of urologic diseases across the globe is the primary driver pushing the market growth of foley catheters.The global Foley Catheters Material market was analyzed by Market Research Future (MRFR) and it was projected that a decent CAGR of 7.8% will be attained by the market over the forecast period of 2014 to 2023.
The valuation of the foley catheters market was further stated to surpass its previous valuation to reach USD 987.3 million by 2023.Competitive LandscapeThe global Foley Catheters Market comprises a host of key players.
This includes names like Medline Industries Inc. (US), Cook (US), Teleflex (US), B. Braun Melsungen AG (Germany), Coloplast Ltd (Denmark), and Medtronic (Republic of Ireland).Market Segmentation The global foley catheters market has been segmented in terms of type, end-user, and material.By material, the market includes silicone elastomer coated latex, silicone, silicone elastomer coated latex, latex, polytetrafluoroethylene PTFE (Teflon) coated latex, hydrophilic polymer coated latex, and others.
The 2-way catheters segment leads the global market with the largest percentage of share to its name.
The segment is anticipated to grow at a considerable pace to attain a revenue worth USD 527.4 by 2023.By end-users, the market divides into medical research center, hospitals, and ambulatory surgery centers.Browse More Information @ https://www.marketresearchfuture.com/reports/foley-catheter-market-922 Regional AnalysisThe global foley catheters market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).The North American region is estimated to be the leading contributor for Foley catheters in the coming years.
Transparency Market Research (TMR) has published a new report titled ‘Foley Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.’ According to the report, the global Foley catheters market was valued at approximately US$ 1.0 Bn in 2018.
It is projected to expand at a CAGR of 5.8% during the forecast period from 2019 to 2027.
The global market is anticipated to be driven by a rise in the population suffering from urinary disorders, rapid utilization of Foley catheters in hospitalized patients in developed regions, and increase in focus on new product launch by industry players.
The Foley catheters market in Asia Pacific is expected to expand at a high CAGR of 6.6%, due to a rise in geriatric patient pool with urinary retention, thereby driving the demand for indwelling catheters in emerging countries such as India and China.Request Brochure –https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=40913Increase in prevalence of urologic diseases globally drives the marketRise in the prevalence of urologic diseases, such as urinary retention, benign prostate hyperplasia (BPH), bladder obstruction, urinary incontinence, prostate cancer, and bladder cancers, is expected to fuel the demand for Foley catheters during the forecast period.
Urinary retention is a chronic condition, wherein the patient is unable to voluntarily urinate and has an increased volume of residual urine in his bladder.
Increase in number of baby boomers with urologic diseases requiring long-term care in countries such as India and China is expected to provide lucrative opportunities to the market in the near future.
